ASX - Delayed Quote AUD

BHP Group Limited (BHP.AX)

43.15

-2.08

(-4.60%)

At close: April 26 at 4:10 PM GMT+10

UPDATE 3-BHP considering improved proposal for Anglo American after bid rejected, source says

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters. BHP is in discussions on a revised bid for Anglo American to be made in coming weeks, the source said. BHP said it does not comment on what it called "rumour and speculation", while Anglo American did not immediately respond to a Reuters request for comment.

Reuters 15 hours ago

BHP
BHP considering improved proposal for Anglo American after bid rejected, source says

BHP is in discussions on a revised bid for Anglo American to be made in coming weeks, the source said. BHP said it does not comment on what it called "rumour and speculation", while Anglo American did not immediately respond to a Reuters request for comment. Anglo American rejected BHP's $39 billion takeover offer on Friday, saying it significantly undervalued the miner and its future prospects.

Reuters 16 hours ago

BHP
BHP to Consider Improved Anglo Proposal After Bid Was Rejected

(Bloomberg) -- BHP Group is considering making an improved proposal for Anglo American PLC after its $39 billion initial offer was rejected by the London-listed miner, according to people familiar with the matter.Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in AsiaApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingThe Long, Slow Death

Bloomberg 16 hours ago

BHP

AAUKF
BHP’s $39 Billion Copper Play Was Years in the Making

(Bloomberg) -- When Mike Henry took over as chief executive officer of BHP Group in 2020, the world’s biggest mining company had lost its swagger. Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in AsiaApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingThe Long, Slow Death of Urban NightlifeBruised by a series of painful missteps and a r

Bloomberg 18 hours ago

BHP

AAUKF
Elliott Management's $1B Anglo American Stake Ups Ante As Mining Megamerger Collapses

Activist investor Elliott Management has quietly built a $1 billion stake in Anglo American (OTCQX:NGLOY), adding pressure to the UK-listed mining giant after it became the target of a $39 billion takeover bid from BHP Group (NYSE:BHP). This development emerged after Anglo American's board rejected BHP’s offer, deeming it “highly unattractive” due to its undervaluation of the company’s prospects and its complex structure. According to Bloomberg, Elliott Management, led by billionaire Paul Singer

Benzinga yesterday

BHP
Elliott Crowds Into BHP Saga With Anglo American Stake

Elliott Investment Management has amassed a roughly $1 billion stake in Anglo American Plc, adding another twist to the drama sparked by BHP Group's unsolicited takeover approach for the mining company, Bloomberg's Crystal Tse tells Sonali Basak on ``Bloomberg Markets.''

Bloomberg yesterday

BHP

AAUKF
Big Mining’s Deal Spree Is Just Getting Started

Anglo American, one of the world’s top miners of copper, diamonds and platinum, has spurned the advances of BHP, its larger peer from Down Under. But that is unlikely to be the end of the story.Read the ...

The Wall Street Journal yesterday

BHP

BHPLF

AAUKF
Activist Elliott Builds $1 Billion Anglo American Stake

(Bloomberg) -- Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, the UK-listed miner that’s received an unsolicited takeover approach from Australia’s BHP Group Ltd.Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingFed Repricing Gives Rise to New Equities Playbook in AsiaApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingThe Long, Slow Death of Urba

Bloomberg yesterday

AAUKF

BHP
UK stock market shrinking at fastest pace in history, says Goldman

The UK stock market is shrinking at its fastest pace in history amid a wave of foreign takeovers which have propelled the FTSE 100 to its strongest week in eight months.

The Telegraph yesterday

^FTSE

^DJI

^GSPC
Investors in Anglo American Bet on Higher Takeover Bid for Miner

Anglo American rejected BHP’s $39 billion takeover proposal but investors appear to be betting on a deal eventually getting done. + Anglo American shares traded well above that level in London, rising 3.2% Friday to close at £26.43. There are several possible reasons for that: + Anglo's investors could be betting on a higher bid emerging, either from BHP or an interloper.

The Wall Street Journal yesterday

BHP

BHPLF

AAUKF
BHP’s South Africa Snub an Indictment of ANC, Opposition Says

(Bloomberg) -- BHP Group Ltd.’s bid to spin off Anglo American Plc’s South African assets as part of a takeover proposal shows how the economic policies of the ruling African National Congress have undermined investor confidence in the country, the main opposition party said.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe

Bloomberg yesterday

BHP
China Could Hinder BHP’s Bid to Become Copper’s Top Producer

(Bloomberg) -- BHP Group Ltd.’s $39-billion bid to create a global copper giant risks irking its biggest customer China, where authorities have a history of intervening to stymie or water down international mergers.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldThe Long, Slow Death of Urban NightlifeFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchBillionaire Stephen Ross Believes

Bloomberg yesterday

BHP
Form 8.3 - BHP Group Ltd

LONDON, April 26, 2024-- FORM 8.3

Business Wire yesterday

BHP

BHPLF
Trending tickers: Alphabet, Intel, Microsoft, Amazon and Anglo American

The latest investor updates on stocks that are trending on Friday.

Yahoo Finance UK yesterday

AAUKF

NGLOY

MSFT
Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'

U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential. The deal would create the world’s largest copper miner, with around 10% of global output — a hugely lucrative market as the world transitions to clean energy. Anglo said in a statement to the London Stock Exchange that the BHP proposal is “opportunistic” and “fails to value” the company's prospects.

Associated Press Finance yesterday

BHP
BHP Seeks to Break Mining’s M&A Curse with Thorny Anglo Deal

(Bloomberg) -- The last time BHP Group took a swing at another major miner, it was Rio Tinto Plc back in 2007. That could have been a blockbuster $150 billion takeover, but with metals prices crashing as the financial crisis took hold and with China signaling its discontent, the plan crumbled.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China Ch

Bloomberg yesterday

BHP

AAUKF
Anglo Rejects BHP Takeover Bid as Significantly Undervalued

(Bloomberg) -- Anglo American Plc has rejected a $39 billion takeover proposal from BHP Group, saying it significantly undervalues the company.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityHuawei’s New Phone Runs Latest Version of Made-in-China ChipUnder the

Bloomberg 2 days ago

BHP

AAUKF
Copper Close to Testing $10,000 as BHP Bid Points to Supply Risk

(Bloomberg) -- Copper made a fresh push toward five digits as BHP Group Ltd.’s blockbuster offer to buy Anglo American Plc lent support to bulls who say the metal is headed for long-term shortages and high prices.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesAlphabet Beats

Bloomberg 2 days ago

BHP

AAUKF
Anglo’s Stumbles Make It Prey for Mining’s Biggest Predator

(Bloomberg) -- When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the company had recently posted its best-ever annual profit and the popular industry veteran was handing over to a trusted lieutenant. Anglo stock hit a record the same day.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Compani

Bloomberg 2 days ago

BHP

AAUKF
Anglo spurns BHP's $39 billion bid as investors push stock higher

LONDON (Reuters) -Anglo American rejected BHP's 31.1 billion pound ($39 billion) takeover offer on Friday, saying it significantly undervalued the miner and its future prospects. Reuters reported on Thursday, citing two sources, that Anglo's management did not consider the proposal attractive. "We would need to see more money on the table before we sold our shares," said Todd Warren, a portfolio manager at Tribeca Investment Partners in Sydney, which holds shares in Anglo.

Reuters 2 days ago

BHP

Performance Overview

Return	BHP.AX	S&P/ASX 200 [XJO]
YTD	-12.23%	-0.20%
1-Year	+3.36%	+3.55%
3-Year	+32.22%	+7.53%

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BHP Group Limited (BHP.AX)

UPDATE 3-BHP considering improved proposal for Anglo American after bid rejected, source says

BHP considering improved proposal for Anglo American after bid rejected, source says

BHP to Consider Improved Anglo Proposal After Bid Was Rejected

BHP’s $39 Billion Copper Play Was Years in the Making

Elliott Management's $1B Anglo American Stake Ups Ante As Mining Megamerger Collapses

Elliott Crowds Into BHP Saga With Anglo American Stake

Big Mining’s Deal Spree Is Just Getting Started

Activist Elliott Builds $1 Billion Anglo American Stake

UK stock market shrinking at fastest pace in history, says Goldman

Investors in Anglo American Bet on Higher Takeover Bid for Miner

BHP’s South Africa Snub an Indictment of ANC, Opposition Says

China Could Hinder BHP’s Bid to Become Copper’s Top Producer

Form 8.3 - BHP Group Ltd

Trending tickers: Alphabet, Intel, Microsoft, Amazon and Anglo American

Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'

BHP Seeks to Break Mining’s M&A Curse with Thorny Anglo Deal

Anglo Rejects BHP Takeover Bid as Significantly Undervalued

Copper Close to Testing $10,000 as BHP Bid Points to Supply Risk

Anglo’s Stumbles Make It Prey for Mining’s Biggest Predator

Anglo spurns BHP's $39 billion bid as investors push stock higher

Performance Overview